It is perverse that unions for middle and lower income workers are demonized, but unions for the educated, like the legal, accounting, and medical professions, get nary a second thought. And how about CEOs? While not a formal union, there are mechanisms that help keep pay aloft (most important, comp consultants who are hired by the CEO human resources department who manage to persuade boards to set the standard for their CEOs pay in the top 50% of his peer group or higher. That assures constant leapfrogging of pay). Why is collusion among workers to achieve higher pay levels savaged, but far more egregious featherbedding by top executives and boards given a free pass?
-Naked Capitalism
Read this now.
What are the ten least bohemian cities?
I won't give him ten, but how about Kuala Lumpur as the world's most non-bohemian city, counting the free world only? (Otherwise Pyongyang wins.) It doesn't have much to do with rent control. Dubai is an interesting choice but I don't think it counts as part of the free world. Santiago, Chile does not strike me as very bohemian. Better not nominate Prague!
In the United States, I would name San Antonio as the most non-bohemian major city, or maybe El Paso, with Atlanta as a runner-up. Might there be somewhere very non-Bohemian in northern Florida? Does Richard Florida have an index for this somewhere?
A commenter:
Someone mentioned Atlanta. I've been in both places, and if I really wanted a bohemian lifestyle I'd go to Atlanta instead of New York right now. Its (just) possible to find housing in Atlanta without holding down a regular job in Atlanta. In New York, it can be difficult to meet housing costs even if you have a regular job.
-MR
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